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Strategies & Market Trends : Trader J's Inner Circle
NVDA 199.04+5.7%Nov 10 3:59 PM EST

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Lou Weed
To: Lou Weed who wrote (56166)5/8/2024 6:17:34 PM
From: Trader J1 Recommendation   of 56532
 
ARM: Analyst notes following the report are less than glowing due to price to revs. They do have a point in that ARM isn't a young company and there's still an "expensive" element that may hold it back from any rally. I'm actually comfortable with the valuation given their market and performance but I'll have to go down the rabbit hole a bit more on this to determine if there's just not enough sell-side thesis to move the shares higher.
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